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Trump Wants to Know How Your ‘409K’S’ are Doing
Pivoting away from the Iran crisis and his pending impeachment trial, President Donald Trump tweeted Thursday morning about the stock market.
Politically, it might seem like a good move, except that Trump mistakenly referred to retirement accounts as “409K’s” instead of “401Ks.”
STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 409K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong?
— Donald J. Trump (@realDonaldTrump) January 9, 2020
“STOCK MARKET AT ALL-TIME HIGH!” Trump wrote in all caps. “HOW ARE YOUR 409K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong?”
Trump followed up by taking credit for the lowering the cancer death rate:
U.S. Cancer Death Rate Lowest In Recorded History! A lot of good news coming out of this Administration.
— Donald J. Trump (@realDonaldTrump) January 9, 2020
“U.S. Cancer Death Rate Lowest In Recorded History! A lot of good news coming out of this Administration,” he wrote.
A few reactions from Twitter below.
Self proclaimed business genius wants to know how your 409K’s are doing pic.twitter.com/5kUyzdAScb
— Brian Klaas (@brianklaas) January 9, 2020
The stock market has been relatively flat over the past two years because of Trump’s various trade wars.
Unclear how household cleansers have been doing. pic.twitter.com/i0SkH4WUzt
— S.V. Dáte (@svdate) January 9, 2020
— Slade (@Slade) January 9, 2020
Apparently what I’m doing wrong is investing in a 401K when I should be investing in a 409K pic.twitter.com/wsrrbssz7H
— Lis Power (@LisPower1) January 9, 2020
Just checked, my 409K balance is zero.
Send hamberders and covfefe t.co/1Jb4D9tx2r
— Angry Staffer (@AngrierWHStaff) January 9, 2020
In lieu of making fun of the PRESIDENT for talking about a thing that doesn’t exist, I’ll use this opportunity to remind you that half of Americans don’t own a single share of stock (including in retirement accounts) and that the richest 10% of Americans own 80% of stock. t.co/EYwFeeAFSZ
— Michael Linden (@MichaelSLinden) January 9, 2020
He’s going to run on claiming he cured cancer, amazing. t.co/aWbjEdjdd9
— Gary Legum (@GaryLegum) January 9, 2020
This is like a parody of how presidents try to take credit for all good news during their tenure. t.co/7Nfo3LnVHd
— Brendan Nyhan (@BrendanNyhan) January 9, 2020
Good news everyone, Trump personally lowered the death rate from cancer! Unclear why he waited until the third year but kind of him to exercise his Godlike powers on our behalf and better late than never! t.co/BoUh260uXT
— Aaron Fritschner (@Fritschner) January 9, 2020
The post Trump Wants to Know How Your ‘409K’S’ are Doing appeared first on Towleroad Gay News.
Trump Wants to Know How Your ‘409K’S’ are Doing, Takes Credit for Lowering Cancer Death Rate
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